USDCAD Reversal Is Imminent

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Hello traders:

Once again we are looking at USDCAD for some potential bullish reversal price action.

Price begin this HTF descending channel once it reaches the HTF double bottoms area. This is a good sign that we may see bullish price action eventually.

Latest price also give us a LTF descending channel, correcting within the larger structure.

Look for bullish continuation corrections to get in on the buys.

Thank you
Ghi chú
ảnh chụp nhanh
Ghi chú
ảnh chụp nhanh
Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge

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